Cost of Living in Chicago, IL
Overall index: 98 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 91 | -9% | $966 |
| Transportation | 109 | +9% | $3.50 |
| Food | 101 | +1% | $414 |
| Utilities | 96 | -4% | $164 |
| Healthcare | 96 | -4% | $118 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Chicago?
A single adult living comfortably in Chicago, IL needs approximately $34,300 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Chicago, IL?
The overall cost of living in Chicago, IL is 2% lower than the US national average (index: 98 where 100 = national average).
How much is rent in Chicago, IL?
Average rent for a 1-bedroom apartment in Chicago, IL is about $966/month.
Is Chicago, IL expensive to live in?
Costs in Chicago, IL are roughly in line with the national average.
What salary do I need to live in Chicago, IL?
A single adult needs roughly $34,300/year to cover basic living costs in Chicago, IL.